Category: Democrats

Democrats Look To Impose A New Capital Gains Tax At Death

🔴 NEXT: AFTERNOON THREAD @ 14:00 PDT 🕑

Several Senate Democrats are pushing to boost federal revenue by taxing certain capital gains that are passed down after death. Traditionally, unrealized capital gains have not been taxed, allowing wealthy individuals to transfer stocks, bonds and real estate investments to their children and grandchildren without the recipients being taxed…

MORE ➡️

If You Drive a Car, You Might Soon Pay Buttigieg’s ‘Miles Traveled Tax’

🔴 NEXT: THE ALL NIGHTER @ 19:00 PDT 🕑

Transportation Secretary Pete Buttigieg is thinking up new ways to fund infrastructure, and his latest proposal would deal a big blow to American workers. While speaking with CNBC last Friday, Buttigieg said he liked the idea of a tax based on the number of miles driven to raise money to improve roads...

MORE ➡️